The African Development Bank (AfDB) Group has announced a follow-up equity investment of $15 million in…
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EIB Funds Renewable Energy Worldwide
The European Investment Bank (EIB) approved EUR 1.6 billion (USD 1.72bn) for renewable energy and electricity…
Nigeria, US Set Up Committee to Explore Mining Sector
Nigeria and the United States have continued to explore modalities for partnership on mining sector development,…
Schneider Electric to Optimise Energy Capacity for Efficient Power Management
Schneider Electric, a global leader in energy management and automation, has announced plans to optimise energy…
FG Unveils Carbon Market Activation Plan Committee
The Vice President of Nigeria, Kashim Shettima, will inaugurate the committee to develop the National Carbon…
IFC, SIMA Launch $150m Solar Green Bond for African Solar Developers
The World Bank’s International Finance Corporation (IFC), in partnership with Social Investment Managers and Advisors LLC…
OPEC Funds 55 Renewable Energy Projects with $1.7bn in Africa, Others
Several renewable energy projects in Africa have benefitted from the $1.7 billion financing from the Organization…
UK Backs $239M AfDB Loans for Climate Finance Program
The United Kingdom(UK) has guaranteed Mauritius and Benin two African Development Bank (AfDB) loans totalling $239…
EU Targets €1.5tn Annually for 2050 Net-Zero Emissions
The European Union (EU) targets 1.5 trillion euros ($1.6 trillion) annually for its 2050 net-zero emissions…